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Lagging tech adoption, issues with credit, and originators' rush to close refinances earlier this year contributed to deterioration, a study found.
August 21 -
The 30-year fixed rate mortgage ended the week unchanged as the 10-year Treasury ended Wednesday about 5 basis points higher than seven days before.
August 21 -
Researchers at the Philadelphia Fed, in a 2023 report, examined the prevalence of "fraudulent investors" in the mortgage market. Their data set covered 584,499 loans issued between 2005 and 2017, of which 22,431 were deemed fraudulent.
August 20 -
The Federal Open Market Committee member is the third Democrat the Trump administration has accused of committing occupancy fraud.
August 20 -
The American Land Title Association has created two policy endorsements and updated its best practices to combat seller-impersonation fraud.
August 20 -
The department will seek to make its oft-criticized platform more user-friendly through a contract with Phoenixteam, aligning it to industry-peer standards.
August 20 -
US mortgage rates dropped last week by the most since February, enticing homeowners to step up refinancing.
August 20 -
Say goodbye to Fannie Mae form 1004 and various addendum as lenders and appraisers have to get ready to work with the Uniform Residential Appraisal Report.
August 20 -
New residential construction increased 5.2% last month to an annualized rate of 1.43 million homes, according to government figures released Tuesday.
August 19 -
Home Depot Inc. sales returned to growth in the second quarter as shoppers invested in smaller projects, such as lighting and gardening.
August 19